2220 Bloor Street West_Property for Sale

2220 Bloor Street West, Toronto, ON, M6S 1N6, CA

2220 Bloor Street West

Description

JLL is pleased to offer a 100% freehold interest in 2220 Bloor Street West (the “Property”), a freestanding TD Canada Trust situated in the heart of Bloor West Village on the northwest corner of Bloor Street West and Runnymede Road, directly across from Runnymede TTC Subway Station. Comprised of 12,705 SF, the Property is fully leased to TD Canada Trust, a proven ‘AAA’ national covenant. The Property offers the investor secure future cash flow with 7.20 years of term remaining, with 3 x 5 year options to extend thereafter.

The Property benefits from prominent frontage and visibility along both Bloor Street West and Runnymede Road, while being surrounded by densely populated residential neighbourhoods with 23,685 residents living within a 1 km radius of the site. This affluent population has an average household income of $187,092. Bloor Street West is home to an abundance of local and national retailers, ensuring high pedestrian traffic throughout all times of the day.

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Attributes

Building area net

1,180 sm

Occupancy

100%

Year built

2007

WAULT

7.2 years

Media

Investment highlights

EXCELLENT LOCATION - 2220 Bloor Street West offers an unparalleled location on a corner lot with premium frontage and visibility along Bloor Street West and Runnymede Road.
EASILY ACCESSIBLE - The Property is easily accessible from across the city being directly across the street from Runnymede TTC Subway Station and near many major arterial thoroughfares.
LONGSTANDING TENANT - TD Canada Trust, a proven ‘AAA’ covenant, has been a longstanding tenant at the site since 2007. TD has term until 2032 with 3 x 5 year options to extend upon its expiry.
TOP 10 BANK - TD Canada Trust is a top 10 North American bank which offers a full range of financial products and services to more than 26 million customers worldwide.
AFFLUENT POPULATION - This location is surrounded by affluent and densely populated residential neighbourhoods, ensuring a large market catchment for the bank.
HIGH FOOT TRAFFIC - Bloor Street West is home to a large number of local and national businesses ensuring high pedestrian traffic throughout all times of the day.